finnacer

In the previous article, I show you it is possible that the house price will come down in a short cycle and this article down here, I will tell you what is the challenge and the catalyst for the house price to come down in 2015 and 2016. Part of the catalyst were mentioned on January 19 2014, u can check this out : http://bigcanon.blogspot.com/2014/01/my-personal-2014-outlook-part-2.html In the past few months, we saw that the amount of house transacted has came down drastically. This can be proven by this article on The Star by 16 August 2014. http://www.thestar.com.my/Business/Business-News/2014/08/16/A-cool-first-quarter-for-properties-Slowdown-in-properties-across-the-board-for-most-states/?style=biz After all those cooling down then what will be next?  Source:  http://www.thestar.com.my/Business/Business-News/2015/01/03/Year-of-consolidation-With-lower-oil-prices-economists-are-not-anticipating-rate-hikes-in-the-nearte/?style=biz Look at the numbers and what does it tells...

Everyone is just so bullish about the property market and believing that the price will not drop and will only trend higher and higher. No doubt, if u view it in 20 years period (long term), the price of property will only moved up, but what if in 10 years time or even shorter ???  We will see whether house price will go down or not in this part and on the next part I will share you Why the real challenge is here now.  House price really won’t drop? In this 11 years chart, u can see that there are ups and downs, no doubt that in 11 years time it rises but what if u go in to the market on 2007? So compare to 2007, u r still making losses at the year of 2009. I understand that most of the people that argue house is for long term and no doubt it is, but 1 thing, how many of the flippers are thinking about long term? How many of the owner can go through the financial crisis by keeping their job? And how about the interest rising cycle?    Look at the chart above, will...